Las Vegas-based studio Utopos Games has received $1 million in a seed funding round led by the co-founder’s former employer, byFounders.
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Mobile studio Tenacious Entertainment has received $3.3 million in its latest investment round. The investors were not disclosed.
Ultima Online and Star Wars Galaxies lead designer Raph Koster has founded a new studio, Playable Worlds, with $2.7 million in seed funding.
Modern Times Group has invested $250,000 in the startup Mightier as part of a new project social responsibility project called “Games for Good.”
The US government is reportedly looking into ways to restrict or outright block investments from US companies in China as the trade war ...